Skanska secures new environmental project in New York - contract amounts to USD 60 M, SEK 433 M

Skanska has been contracted to perform upgrades at the 26th Ward Water Pollution Control Plant located in the borough of Brooklyn in New York City. The contract is worth USD 60 M (SEK 433 M) and will be included in order bookings for the third quarter of 2005. The client is the New York City Department of Environmental Protection.

The project is part of New York City’s program to improve water quality. The purpose of this particular project is to update equipment and modernize the facility to increase its reliability and enable it to meet the requirements of the relevant authorities. Work is scheduled to begin in September 2005, with an anticipated completion date in May 2008. Skanska USA Civil’s Gottlieb Skanska operating unit will lead the project, which will be carried out jointly with Slattery Skanska. The scope of work covers upgrading of all stages in the treatment process, including replacement of pumps, valves, fans and piping, as well as repairs to basins and tanks. Also included in the contract are control rooms, a power substation and a building for chemicals handling, as well as the installation of control and regulatory equipment. This is Skanska’s fourth major environmental project in New York during the past few years. Skanska was recently contracted to construct a water quality facility in Brooklyn (USD 136 M) and is currently carrying out major expansions of two wastewater treatment plants – the North River Water Pollution Control Plant (USD 46.6 M) and the wastewater plant at Newtown Creek, for which Skanska’s share of the contract amounts to USD 222 M. Skanska USA Civil specializes in such infrastructure projects as construction of bridges, highways, power generation and public transit systems as well as water treatment and water pollution control plants. With operations in the eastern US, Colorado and California, the company has some 4,400 employees. Skanska USA Civil posted sales in 2004 of about SEK 12 billion. For further information please contact: Anna Wenner, Press Officer, Skanska AB, tel +46 8 753 88 99 Karen Diemer, Communications Manager, Skanska USA Civil, tel +1 718 746 2785